PAPER C

ECONOMIC DEVELOPMENT, PLANNING, TOURISM AND LEISURE SERVICES SELECT COMMITTEE – 16 DECEMBER 2003

BUDGET MONITORING REPORT AS AT END OF NOVEMBER 2003

REPORT OF THE CHIEF FINANCIAL OFFICER

SUMMARY / PURPOSE

This report sets out the budget and spending position on both revenue and capital for the services within this Committee’s remit, as at the end of November 2003. The figures do not include budgets that are controlled elsewhere than the service concerned. These are monitored by the Committee which bears responsibility for the item concerned. (For example, Resources Select Committee monitors the building maintenance budget centrally, and building maintenance costs are not therefore shown against individual services below).

REVENUE EXPENDITURE

The expenditure and income to date against budget are shown at Appendix 1.

At this stage of the financial year there are no significant variances to report. However, the comments contained in the Revenue Expenditure Table (Appendix 1) should be noted.

CAPITAL EXPENDITURE

Expenditure against each scheme is shown at Appendix 2.

RELEVANT PLANS, POLICIES, STRATEGIES AND PERFORMANCE INDICATORS

The services included within this report are linked to a number of the Council’s key strategic objectives, specifically:

· Improving health, housing and the quality of life for all;

· Encouraging job creation and economic prosperity;

· Protecting the Island’s natural, built and historic environment.

There are no direct implications for performance indictors arising from the production of this report. However, clearly there will be implications for future performance measures and indicators arising from the information contained within this report, specifically any cost based indicators, but also the outcomes arising from the services and projects to which this report refers.

CONSULTATION PROCESS

No specific consultation has been undertaken in the production of this report. However, a number of the services included within the report will have been the subject of consultation with a range of external agencies and members of the public.

FINANCIAL, LEGAL, CRIME AND DISORDER IMPLICATIONS

Since this is a budget monitoring report, there are a number of financial implications (both revenue and capital) for the Council as a whole, and for the services for which this Committee has responsibility. These are set out in appendices 1 and 2 respectively.

There are no direct legal or crime and disorder issues arising from the production of this

report.

APPENDICES ATTACHED

Appendix 1 Revenue Expenditure

Appendix 2 Capital Expenditure

BACKGROUND PAPERS USED IN THE PREPARATION OF THIS REPORT

None used in the preparation of this report.

Contact Point: Tracy Ringer, telephone: 823258 email: [email protected]

PAUL WILKINSON

Chief Financial Officer

REVENUE EXPENDITURE SUMMARY as at end of November 2003										Appendix 1
Service	Expenditure			Income			Net		Variance
	To Date	Budget		To Date	Budget		To Date	Budget		Comments
	£000	£000	%	£000	£000	%	£000	£000	£000
Rights of Way	193.1	284.8	67.8%	-0.5	-0.1	500.0%	192.6	284.7	92.1	Budget on target to date
Planning App/Enforcement	480.5	632.1	76.0%	-495.5	-508.3	97.5%	-15.0	123.8	138.8	Budget on target to date
Planning Policy	950.0	1416.0	67.1%	-214.9	-455.1	47.2%	735.1	960.9	225.8	Net Variance due to income being claimed at year end
Archaeology	112.4	145.6	77.2%	-9.9	-10.6	93.4%	102.5	135.0	32.5	Budget on target to date
Economic Development	243.7	430.7	56.6%	-23.1	-33.6	68.8%	220.6	397.1	176.5	Budget on target to date
Sport Recreation and Leisure Events	2854.7	3925.8	72.7%	-1,688.7	-2,084.6	81.0%	1166.0	1841.2	675.2	Operating within budget
Public parks & open spaces	1368.1	1275.6	107.3%	-484.1	-153.1	316.2%	884.0	1122.5	238.5	To date figures include effects of one-off grant supported activities which are not included in the base budget. Budget on target to date
Countryside Management	313.1	471.6	66.4%	-4.8	-154.3	3.1%	308.3	317.3	9.0	Net Variance due to income being claimed at year end
Seasonal Facilities & other	168.5	212.4	79.3%	-319.8	-326.0	98.1%	-151.3	-113.6	37.7	Operating within budget
Events, Marketing & Tourism	1751.9	2893.6	60.5%	-1,223.1	-1,513.8	80.8%	528.8	1379.8	851.0	Budget on target to date
			#DIV/0!			#DIV/0!
Totals	8436	11688	72.2%	-4,464	-5,240	85.2%	3972	6449	2477

ECONOMIC DEVELOPMENT, TOURISM, PLANNING AND LEISURE SELECT COMMITTEE					Appendix 2
CAPITAL EXPENDITURE SUMMARY as at end of November 2003
Description	Revised			Budget
	Budget	Spend	Commitment	Left	Comments
Refurbishment of TIC's	20,000	19,334	0	666
Tourism DMS system	0	117,575	2,336	-119,911	To be funded by the GAGS programme board
Seashores, Parks and Play Area Health and Safety	216,225	73,299	9,730	133,196
Waterside Pool - automated dosing system	4,500	4,399	0	101	Project complete
Browns Floodlighting	5,400	4,555	0	845	Project complete
Heights - chemical store	13,472	14,452	0	-980	Complete - budget virement to be arranged
Medina Pool - heating	47,000	0	0	47,000	Expected spend March 04
Westridge - tone zone	90,000	0	0	90,000	Project start Jan 04 - complete April 04
Wight Leisure - health and safety	2,800	0	0	2,800	Projects due for completion March 04
Heights - automatic gas valve	3,500	1,986	0	1,514	Project complete
Leisure centres - gas detection equipment	6,000	6,223	0	-223	Complete - budget virement to be arranged
Medina Leisure Centre - replacement sauna	12,000	16,260	0	-4,260	Complete - budget virement to be arranged
Waterside Pool - replacement pool vacuum	2,000	1,943	0	57	Project complete
Waterside Pool - replacement intruder alarm	2,000	0	0	2,000	Budget required - transferred to H&S project
Medina Leisure Centre - replacement of steps	5,000	0	3,700	1,300	Project live - end date expected Jan 04
Public Shelters - improvements	12,526	0	0	12,526
Ryde Harbour dredging	-15,113	0	1,798	-16,911	Complete - unexpected ground conditions (H&S)
Northwood House access	12,000	14,345	0	-2,345	Complete - budget virement to be arranged
Shanklin Lift - replacement door closures	2,200	0	3,364	-1,164	Project live - end date expected Feb 04
	441,510	274,371	20,928	146,211